1plus1 loans - guarantor loan

[stuckinarut11]

Feelings

 

It's a weight lifted and my family relations won't become damaged as I genuinely could not afford the repayments the loan crippled me £236 a month 25% of my wages. It was obtained to pay a court claim it was taken to pay other debts

 

Thank you much appreciated

 

I've done it for you

 

Thank you much appreciated

 

They refer to my behaviour I am not irrational however I do suffer with bipolar and can get frustrated quickly especially if an injustice is being committed, reference is made in the decision to my manner

[stuckinarut11]

I have spoken to stepchange who have advised to consider a debt relief order.

 

I have advised 1plus1 loans of this to be told

 

We now have no alternative but to pursue your guarantor for payment of the re-worked loan.

Sincerely,

 

The ombudsman judgement clearly says

 

Discuss a new payment plan with Mr h rather than pursuing the guarentor.

 

Don't get me wrong I have agreed to a revised schedule of just under £100 a month, however alongside my other financial commitments it's still a crippler.

[fkofilee]

Well time to go back to the Ombudsman...

A DRO isnt a good idea as its insolvency. There maybe a way around this.

 

Go talk to the FOS.

The company is not permitted to override a Ombudsman decision - Its legally binding.

You are offering to pay and IMHO its a sizable amount you are offering to pay every month.

You are making an effort.

 

There can be resolved me thinks... You need to provide this to the FOS and push for it... The FOS can force their hand. If its at an Ombudsman stage then they have no legal recourse to reject the decision which was held in your favour.

If it goes to court - It can be shown quite clearly that 1+1 have not complied with the ruling set by the FOS. A Ruling has the same power as legal action in the courts.

[dx100uk]

god no don't do a DRO.

 

why did you gotto Stepchange

aren't we good enough?

[stuckinarut11]

I appreciate this however I've got other things in background.

 

I am unemployed now due to capability issues ( employment tribunal in process)

 

My income is £74 per a week.

 

Yes I've agreed to pay £96 per a month but this is on an income of £296.

 

This leaves me £200 For food water gas and electric

 

I am looking for alternative work and seeking support regarding pip due to being finished on capability grounds.

 

I was foolish to agree the £96 per month but felt pressured as they wouldn't pay compensation unless I agreed.

 

I have made a token payment of £5.

 

Plus the dwp recover 11.20 per weeks so I'm left with £124 a fortnight

 

248 a month

 

I can clear this balance in October when I receive my student loan grant but they won't wait till then

 

god no don't do a DRO.

 

why did you gotto Stepchange

aren't we good enough?

 

I was instructed to by the ombudsman once they reviewed my bank statements and seen the amount of creditors.

 

There a recognised charity for the ombudsman as they dont provide guidance or support.

Edited April 28, 2018 by dx100uk
merge

[dx100uk]

whos being paid through PP

what are your other debts?

[fkofilee]

If they were ordered to pay compo then that's irrelevant of other factors...

[stuckinarut11]

If they were ordered to pay compo then that's irrelevant of other factors...

 

They refused to pay it until I agreed their proposal, upon reflection put me under pressure.

 

Other debts are

Water

Gas

Council tax

 

Payday loans

Credit cards

 

And bank overdrafts

[dx100uk]

then go back and tell the FOS that...

 

they cant hold you to ransom

 

get the priority debt ssorted

drop all the rest to

 

have CCA's the cards who are you paying DCA's

[fkofilee]

Time to read with other PDLS...

https://www.consumeractiongroup.co.uk/forum/attachment.php?attachmentid=71215

[stuckinarut11]

Time to read with other PDLS...

https://www.consumeractiongroup.co.uk/forum/attachment.php?attachmentid=71215

 

 

All are with ombudsman, complaints logged with all.

 

One successful with 247 moneybox

 

One being thoroughly investigated after I escalated to ombudsman and this is safety net credit.

 

2 not upheld as amounts were small, only had two loans at most with the companies.

 

I find it takes an awful long time to go from adjuicator to ombudsman all complaints were filed August last year.

 

Subme trading as in sync credit commenced court action but dropped the claim when I defended